Archives

USDA Announces $80 Million Investment To Expand Timber Production In Nevada And Oregon

By Amit Chowdhry ● Jul 23, 2026

The U.S. Department of Agriculture announced it is guaranteeing $80 million through the Timber Production Expansion Guaranteed Loan Program and the Business and Industry Guaranteed Loan Program to support timber processing businesses in Oregon and Nevada. The announcement, made by Acting Under Secretary Todd Lindsey, is aimed at expanding domestic timber production, reducing wildfire risk, and strengthening rural wood processing capacity.

Savano Capital Partners Closes Oversubscribed $252 Million Fund IV

By Amit Chowdhry ● Jul 23, 2026

Savano Capital Partners announced the final close of Savano Capital Partners IV, L.P., raising $252 million in capital commitments and exceeding its original target. Fund IV is the largest in the firm's history, roughly 60 percent larger than its predecessor, and brings the firm's total capital commitments across its funds and co-investment vehicles since inception to more than $600 million.

Blackstone Raises $14 Billion For New Secondaries Flagship Amid Record Second-Quarter Results

By Amit Chowdhry ● Jul 23, 2026

Blackstone reported strong second-quarter 2026 results, with distributable earnings rising 26 percent year over year to $2 billion, or $1.52 per common share, while highlighting significant momentum in its secondaries business. The firm disclosed that it has raised more than $14 billion to date for its new buyout secondaries flagship, targeting at least $22 billion in total commitments, as part of a broader institutional fundraising cycle that included several strategies hitting their hard caps in 2026.

UBS Opens 26,000-Square-Foot Wealth Advice Center Hub In Dallas

By Amit Chowdhry ● Jul 23, 2026

UBS Wealth Management US has opened a new Wealth Advice Center hub at 23Springs in Uptown Dallas, expanding its national platform for affluent and high-net-worth clients. The 26,000-square-foot office can accommodate more than 170 financial advisors, executives and support professionals. UBS plans to recruit experienced advisors and participants in its Financial Advisor Development Program during the next year.

Partners Group Closes Infrastructure Secondaries Program At Over $5.5 Billion

By Amit Chowdhry ● Jul 23, 2026

Partners Group has completed the final closing of its infrastructure secondaries program at more than $5.5 billion, making it one of the largest dedicated fundraises focused on the strategy. The program consists of a $1.7 billion closed-ended fund, customized mandates and additional investment vehicles that participate alongside the main fund.

HF Foods Group To Acquire Searay Foods For Approximately $35 Million

By Amit Chowdhry ● Jul 23, 2026

HF Foods Group has entered into a definitive agreement to acquire Canadian frozen seafood importer and distributor Searay Foods for approximately CAD$47.9 million, or about US$35 million.

Revolut Launches Secondary Share Sale At $115 Billion Valuation

By Amit Chowdhry ● Jul 23, 2026

Revolut has started a secondary share sale that would value the British financial technology company at approximately $115 billion, according to a Reuters source familiar with the deal. The sale values Revolut shares at $2,017 each. A company spokesperson confirmed that the transaction is underway but declined to comment on its specific terms, saying Revolut would provide an update after the process is completed.

imagi Raises $4.5 Million Seed Round Led By Brighteye Ventures And Day One Capital

By Amit Chowdhry ● Jul 23, 2026

imagi has raised $4.5 million in seed funding to expand its artificial intelligence literacy platform for K-12 students and teachers across the United States and other international markets. The round was led by Brighteye Ventures and Day One Capital, with participation from FemInvest and We Are Human, an investment group led by the founders of Kahoot.

Citi Wealth Partners With Palantir To Provide Employees With Customized Financial Wellness Services

By Amit Chowdhry ● Jul 23, 2026

Citi Wealth has formed a strategic partnership with Palantir Technologies to provide eligible Palantir employees with customized wealth management guidance and workplace financial services.

telli Raises $15 Million Seed Round Led By Redalpine For AI-Powered Customer Operations

By Amit Chowdhry ● Jul 23, 2026

telli has raised $15 million in a seed financing round to expand its artificial intelligence agents for customer-facing business operations. The round was led by Redalpine, with participation from Cherry Ventures and Y Combinator. Strategic investors and angel investors also joined the financing. The new capital brings telli's total funding to $18.5 million.

Michaels Launches Ask Mike AI Shopping Assistant Built With Google Cloud Gemini

By Amit Chowdhry ● Jul 23, 2026

Michaels has launched Ask Mike, an artificial intelligence-powered shopping assistant developed with Google Cloud's Gemini Enterprise for Customer Experience.

J.Crew Appoints Stacey Levitt As Executive Vice President Of eCommerce And Digital Experience

By Amit Chowdhry ● Jul 23, 2026

J.Crew has appointed Stacey Levitt as Executive Vice President of eCommerce and Digital Experience, adding an experienced retail and digital commerce leader to its executive team.

Foundation Robotics And AMD Partner To Power Phantom Humanoid Robots For Industrial And Defense Applications

By Amit Chowdhry ● Jul 23, 2026

Foundation Future Industries, also known as Foundation Robotics, has entered a strategic collaboration with AMD to train and operate its Phantom humanoid robots using AMD computing technologies.

Etched Raises $300 Million At $10.3 Billion Valuation To Scale AI Inference Hardware

By Amit Chowdhry ● Jul 23, 2026

Etched has raised $300 million in new financing at a $10.3 billion valuation to increase production and customer deployments of its purpose-built artificial intelligence inference systems. The financing was led by Sequoia Capital, with participation from Andreessen Horowitz, Jane Street, Diffusion and SK Hynix. Etched described the transaction as the highest valuation achieved by a Sequoia-led Series C financing.

Take Profit Trader: Interview With CEO James Sixsmith About Futures Trading And Trader Access

By Amit Chowdhry ● Jul 23, 2026

Take Profit Trader is a futures evaluation and proprietary trading firm that gives traders a straightforward path to accessing the markets through its Test, PRO, and PRO+ tiers. The company has built its model around fast payouts, transparent rules, trading education, and access to live market trading. Pulse 2.0 interviewed Take Profit Trader CEO James Sixsmith to learn more.

BP To Sell Austrian Mobility, Convenience, And EV Charging Businesses To Volenergy

By Amit Chowdhry ● Jul 23, 2026

BP has agreed to sell its mobility, convenience and electric vehicle charging businesses in Austria to Volenergy AG as part of its effort to simplify its portfolio and strengthen its balance sheet.

Warrenton Oil Company Appoints Dana Moloney As CEO

By Amit Chowdhry ● Jul 23, 2026

Warrenton Oil Company has appointed Dana Moloney as Chief Executive Officer, continuing the Missouri-based company's longstanding tradition of family leadership.

GE Vernova Backlog Reaches $176 Billion As Power And Electrification Demand Accelerates

By Amit Chowdhry ● Jul 23, 2026

GE Vernova's backlog reached $176 billion during the second quarter of 2026 as demand for gas turbines, grid equipment, data center infrastructure, and long-term services continued to increase.

Schneider Electric Launches Upgraded Charge Pro Commercial EV Charging System In The U.S.

By Amit Chowdhry ● Jul 23, 2026

Schneider Electric has introduced an upgraded version of its Charge Pro Level 2 commercial electric vehicle charger in the United States, adding software, connector and deployment capabilities designed for property owners, workplaces and fleet operators.

DVC: Interview With Managing Partners Marina Davidova And Nick Davidov About The AI-First Venture Capital Firm

By Amit Chowdhry ● Jul 23, 2026

DVC is a Bay Area-based venture capital firm backing early-stage AI startups. In just four years, seven companies in its portfolio have reached unicorn status. DVC was an early backer of Perplexity, Etched, Thinking Machines Lab, Rhoda AI, and Higgsfield. Pulse 2.0 sat down with DVC co-founders and managing partners Marina Davidova and Nick Davidov to learn more about their distinctive approach to venture capital.

Francisco Partners Raises $21 Billion Across Flagship And Agility Funds

By Amit Chowdhry ● Jul 23, 2026

Francisco Partners has closed $21 billion in capital commitments across its eighth flagship fund and fourth Agility fund, completing the largest fundraising effort in the technology investment firm's history.

Bregal Sagemount To Acquire Majority Stake In ATOZ Services

By Amit Chowdhry ● Jul 23, 2026

Bregal Sagemount has agreed to make a strategic growth investment in ATOZ Services, becoming the majority shareholder of the Luxembourg-based fund services platform. ATOZ Group and existing investor ICG will retain minority interests following the transaction.

Cirrus Logic Receives Scottish Enterprise Grant For Smart Energy Technology Development

By Amit Chowdhry ● Jul 23, 2026

Cirrus Logic has received a research and development grant from Scottish Enterprise to develop a next-generation smart energy technology platform and expand its engineering activities in Scotland. The amount of the grant was not disclosed.

Abstract Raises $25 Million To Expand Composable AI-Powered Security Operations Platformabstract

By Amit Chowdhry ● Jul 23, 2026

Abstract has raised $25 million in funding to expand its composable security operations platform as enterprises seek alternatives to traditional security information and event management systems. The round was co-led by Cheyenne Ventures and AVP, with participation from Olive Hill Ventures. Existing investors Crosslink Capital and Rally Ventures also joined the financing. The investment brings Abstract's total funding to nearly $50 million.

IBM To Acquire HRL Laboratories To Expand Quantum Computing, Sensing And Materials Research

By Amit Chowdhry ● Jul 23, 2026

IBM has signed a definitive agreement to acquire HRL Laboratories, a research and development company jointly owned by Boeing and General Motors. Financial terms were not disclosed.

Empery Digital Invests $20 Million In Cardinal Data Power For An 8% Stake

By Amit Chowdhry ● Jul 23, 2026

Empery Digital has invested $20 million in Cardinal Data Power, acquiring an approximately 8% ownership interest in the developer of large-scale powered data center campuses.

Elio Raises $21 Million Led By Innovation Endeavors And Xora For AI-Directed Sensors

By Amit Chowdhry ● Jul 23, 2026

Elio has raised $21 million to develop sensors that allow artificial intelligence systems to determine what information should be captured in real time. The funding round was led by Innovation Endeavors and Xora, with participation from Kevin Weil and Scribble Ventures. Existing investors UpWest and Resolute Ventures, which led Elio's previous round, also participated.

Prosper Medical Raises $16 Million Led By FUSE For AI-Powered Concierge Primary Care

By Amit Chowdhry ● Jul 23, 2026

Prosper Medical has raised $16 million to expand its AI-powered concierge primary care platform and physician network. The financing was led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures and WTI.

Alphabet Reports $109.9 Billion In Q1 2026 Revenue As Google Cloud Growth Accelerates To 63%

By Amit Chowdhry ● Jul 23, 2026

Alphabet reported revenue of $109.9 billion for the first quarter of 2026, representing a 22% increase from the prior-year period and the company's 11th consecutive quarter of double-digit growth.

Apollo And San Jose Earthquakes Launch AI-Powered Go-To-Market And Jersey Sleeve Partnership

By Amit Chowdhry ● Jul 23, 2026

Apollo has entered a multiyear partnership with Major League Soccer's San Jose Earthquakes that combines a jersey sleeve sponsorship with the deployment of Apollo's artificial intelligence-based go-to-market system across the club's commercial operations.